News & Events

President / CEO of First Abilene Federal Credit Union Named

The First Abilene Federal Credit Union Board of Directors announces the promotion of Mrs. Megan Allred as the organization’s new President/Chief Executive Officer. “Megan’s time employed by the credit union has been the epitome of commitment, dedication and professionalism. Megan is a dynamic and engaged leader that we believe will do an exceptional job leading our organization,” said Mark Huffington,…

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Safety City Ribbon Cutting Celebration

First Abilene Federal Credit Union celebrated with a ribbon cutting on August 15, 2019 at the new replica building on display at the Melvin Martin Center for Children’s Safety (Safety City). The replica of First Abilene FCU replaces an outdated structure at the popular children’s center. Cost of the new construction was donated entirely by First Abilene FCU. It features…

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Computer Systems Upgrade: September 28-30

The credit union will be CLOSED Monday, September 30th. All transactions following the close of business Saturday, September 28th will post on Tuesday, October 1st. As a result of the upgrade, First Abilene FCU will be able to provide its members with a convenient streamlined banking experience, existing and emerging technology, customizable online banking and real-time processing. FAQs

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Board of Directors Annual Election Notice

Annual Membership Meeting Tuesday, April 9, 2019 6:00 P.M. Business Meeting @ The Abilene Zoo ~ 2070 Zoo Lane, Abilene, TX 79602   There are three (3) director positions open for election in 2019. The Nominating Committee, appointed by the Chairman of the Board, has nominated one member for each board position to be filled. The three nominees are as…

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First Abilene’s Allred Graduates from CUNA Management School with Honors

Please join us in congratulating our Vice President of Operations, Megan Allred, on her recent graduation from Southwest CUNA Management School! CUNA (Credit Union National Association) Management School is a three-year executive education program, designed specifically to develop and enhance leadership skills of credit union employees. Students attend classes and complete a strategic plan during the three-year period. SCMS is…

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How are you spending Valentine’s Day?

According to the National Retail Federation, only about 55% of Americans celebrate Valentine’s Day, but those who do will shell out an average of $146. The same study found that retails sales for Valentine’s Day brings in over 19.7 billion dollars. How much do you find yourself spending on Valentine’s Day? Not only do we all spend extra cash on…

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Halloween Savings Tips

              Ghost, goblins, ghouls oh my! Halloween, the nation’s second largest holiday is projected to rake in over 8 billion dollars this year. We’d like to share some tips on how to save a little money this season. Make your own costume. The internet is loaded with do-it-yourself costume ideas. We’ve even taken care…

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Cyber-Security Incident & Important Consumer Information

See if your personal information is potentially impacted. For your convenience First Abilene FCU is providing the information below regarding the Equifax breach. The incident was limited to Equifax and was not in any way related to First Abilene FCU or any direct merchants.  To determine if your personal information may have been impacted by this incident and ways to provide…

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First Abilene FCU Announces Chief Risk Officer

Troy Kyle, President and Chief Executive Officer (CEO) of First Abilene FCU, is pleased to announce the recent promotion of Paula Clowdus to Senior Vice President and Chief Risk Officer (CRO). Paula has worked at the credit union since 1998. She has served in various positions including: Teller, Data Processor, Operations Manager, Loan Officer and Branch Manager before being promoted…

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Meet Our New Board Chairman, Mark Huffington

We are very excited to announce the appointment of our new Board Chair, Mark Huffington.  Mark has been with Hendrick Medical Center for 11 years and currently serves as the Director of Financial Analysis. He oversees the continuous, effective operation and the continuous improvement of the activities of the Revenue/Operations Support Services and assures integration of departmental services with the…

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First Abilene Thanks Outgoing Board Chair, Zane Dennis

April marked the end of Board Chairmanship for Zane Dennis. Zane will remain as a Board of Directors member. He has done an outstanding job shaping this organization for the past eight years to what it is today. First Abilene thanks Zane for an extraordinary work and leadership skills he provided to our Board of Directors and company. As your term…

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2017 Scholarship Winners Named

The purpose of the First Abilene FCU Scholarship program is to provide a means to recognize academic excellence, leadership and social awareness provided by our young adult members.  These individuals are our future leaders of tomorrow and we believe in the potential inherent in each of them.  First Abilene FCU is proud to invest in our future. To be eligible…

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Baillie Hill Named FAFCU 2016 Employee of the Year

It is with great pleasure that First Abilene FCU announces Baillie Hill, Loan Processor II, as the 2016 Employee of the Year. The Employee of the Year is voted on annually by all employees. A positive attitude and spirit, being a team player, willingness to help fellow co-workers, creating a happy and positive work environment, time management skills and assistance…

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Faye Smith Retires After 27 Years

It is with best wishes that First Abilene Federal Credit Union congratulates Faye Smith, President/CEO; on her retirement, effective March 31, 2016 after 27 years of employment. The members and staff of the credit union have greatly benefited from her remarkable dedication and leadership. Faye started in 1989 when the credit union was located in the back of the Blood…

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Debit or Credit? The Real Difference

We’ve all been there: you’re at the register paying for that long-coveted purchase. You swipe your ATM/debit card and the touch screen asks, “Credit or Debit?” If you’re like most people, you make a choice without investing too much brainpower, but do you really know the difference between one choice and another? When is credit better than debit—and the other…

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What Consumers Need To Know About Card Skimming

Card skimming is an ongoing and serious problem. Unfortunately, this type of fraud is the responsibility of the card Issuer. Long term, EMV will make skimming much more difficult and reduce the occurrence. Currently, we are seeing increased regional incidences of both financial institution and retail location skimming. 7-Eleven locations have been particularly hit hard in New York and California. How…

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Online Credit Card Account Enhancement

First Abilene FCU is excited to announce an upcoming enhancement to your MyCard Info online credit card account. The security of your account information is of upmost importance to First Abilene FCU. As an added layer of protection, beginning July 17, you will start receiving automatic security notifications for key activities, such as a password change, card activation and unauthorized…

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Debit & Credit Card Fraud Prevention

To help prevent and stop fraud, please closely monitor your account. If you see unauthorized activity, promptly call the credit union or the customer service number on the back of your card. It is possible that fraudsters will attempt to contact you and trick you into disclosing additional information. Common Scam Practices Many fraudsters will use phishing, vishing or smishing…

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Get Kids Started Right

We often hear that our children are our greatest asset, the door to the future. How can we help them build confidence in their financial future? One good answer is a credit union share savings account. By encouraging regular savings at First Abilene FCU, you prepare your kids to meet the demands of an increasingly complex financial world. A regular…

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Reasons to Choose a Credit Union

Open membership. There’s a credit union for everyone who meets membership guidelines. Trust. Surveys repeatedly show that credit unions are the most trusted type of institution in the financial services industry. Convenience. Credit unions offer high-tech personal finance tools and provide access to surcharge-free ATMs. Low interest rates. Credit card and loan rates are lower when compared with big banks….

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NCUA INSURANCE

All funds in a “non interest-bearing transaction account” are insured in full by the National Credit Union Administration through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to members under the NCUA’s general share insurance rules. The term “non interest-bearing transaction account” includes a traditional share draft…

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